SECI Cancels 100 MW Getalsud Dam Floating Solar Tender Updated On Wed, Jul 13th, 2022 by Saurenergy Over two months after it first extended the deadline to respond to bidders, the Solar Energy Corporation of India (SECI) has cancelled the tender for the 100 MW Getalsud Dam project near Ranchi in Jharkhand. The cancellation follows a familiar pattern of challenges faced with floating solar tenders in India, where the standout success has […] Read more
CEEW & Villgro Join Hands to Foster SHSPs In Villages Updated On Wed, Jul 13th, 2022 by Saurenergy A USD 3 million initiative introduction by Council On Energy, Environment & Water (CEEW) and Villgro, one of the world’s largest social enterprise, Powering Livelihoods is paving the way to bring clean energy-based solutions to the rural economy in a gender-inclusive manner. Powering Livelihoods works with enterprises developing innovative appliances, such as Sub-HP solar pumps, […] Read more
ReNew To Refinance Dollar-Denominated Bonds, First RE Player To Do So In India Updated On Wed, Jul 13th, 2022 by Saurenergy India renewable energy major ReNew Energy Global has announced that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortizing project debt from an Indian non-bank financial company. ReNew claims to have become the first Indian renewable energy company to have done this. The official statement of ReNew held that issued bonds worth $ […] Read more
Sterling and Wilson Renewable Q1 Results- Losses Up To Rs 353 crores Updated On Tue, Jul 12th, 2022 by Saurenergy Leading Solar EPC Sterling And Wilson Renewable Energy Limited has (SWREL) reported its financial results for the period ended June 30, 2022, or Q1 for the firm. The quarter also marked the completion of one year with Amit Jain as CEO at the firm. In the June quarter, the company has reported an over 10% […] Read more
Project Development Manager Updated On Tue, Jul 12th, 2022 by Saurenergy As our Project Development Manager you will be responsible for managing the development and structuring of renewable energy projects in India from early opportunity through the development cycle to financial close. Your ability to structure and negotiate complex transactions, to lead coordination of external and internal development processes, and to collaborate with multidisciplinary teams we be […] Read more
M&M Plans To Sell 2 Lakh EVs By FY-27 Updated On Mon, Jul 11th, 2022 by Saurenergy Automobile major Mahindra & Mahindra has recently announced the sale of 2 lakh electric vehicles as its target by FY-27. Its path towards electrification will include the diverse portfolio of five electric vehicles in the coming five years. Rajesh Jejurikar, ED, Mahindra & Mahindra said that the company is looking to invest about $1 billion […] Read more
IRENA Releases Reports On Global Hydrogen Trading Trends In 2050 Updated On Fri, Jul 8th, 2022 by Saurenergy A new report by International Renewable Energy Agency (IRENA) has said that to make the trade of hydrogen cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport cost. Hydrogen trade can contribute to a more diversified and resilient energy system, allowing countries to decarbonise their […] Read more
Woodmac Ranking for Inverter Shipments In 2021 Retains Huawei at 1, Top 5 Firms Chinese Updated On Fri, Jul 8th, 2022 by Saurenergy In the second global PV Inverter rankings in two weeks, it is the turn of Wood Mackenzie, a Verisk business to release the numbers. And the rankings makes for an interesting list, as Huawei has managed to protect its leadership herem unlike in the case of the IHS Markit’s rankings in June. Consolidation at the […] Read more
IEA Report Pitches For More Diverse Solar Panel Supply Chains Updated On Thu, Jul 7th, 2022 by Saurenergy The IEA has released a report stating that if the world is to securely transition to net zero emissions, it has to augment efforts towards the expansion as well as diversification of the worldwide production of solar panels. Currently, China has a dominant position in the market with regards to the supply chains of solar […] Read more
